Banks like SBI, Bajaj Finserv collect installments from customers using NACH/ECS mandates. With RocketPay you can also set mandates on your customers & automate your collection process improving your cashflow.
At the time of selling goods or services when the customer asks for credit, set a mandate on them using RocketPay & relax. On the due date set by you, money will be collected from their account & transferred to yours. All this without a single call or reminder.
RocketPay is built on top of infra built by NPCI (the company which made UPI). RocketPay uses NACH & UPI 2.0 Autopay for enabling & processing transactions. We are accountable not only to you but also to RBI for ensuring your money is 100% safe.
"Thanks to RocketPay, Ab mera customers se EMI & credit collection ka kaam bina followup kiye ontime ho jata hai."
Electronics Shop Owner
"RocketPay is best App for automatic collection. I have self financed 30 mobile phones & increased my monthly sales."
Mobile Shop Owner
"I loved the Automatic Payment collection feature in RocketPay & the app is completely safe and secure"
Electronics Shop Owner
Your customers can choose to pay using their UPI app or Netbanking or debit card.
Step 1: Download RocketPay app from play store
Step 2: Create automatic e-Mandate by entering customer details & payment details such as total amount, date of collection, number of instalments
Step 3: Share the mandate link with customer over Whatsapp and ask them to accept the payment using UPI apps or Netbanking / Debit card
Step 4: Receive payment directly from customer bank account to your account on set instalment frequency
Step 5: Check all your credit history in one place & get visibility of upcoming collection
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